The AOCE and WB have moderate overall forecasts for the metals in 2025 inline with IMF forecasts for a decline in economic growth and inflation, although we see the probability of a stagflationary scenario as still reasonably high.Read More

The past year was a difficult one overall for the metals, with the main standouts to the upside being a geopolitical risk-driven gain in gold, a China-driven rise in iron ore and a surge in uranium on broadening global support for nuclear power (Figure 1). A jump in global interest rates to near two-decade highs saw recession fears persist all year, and while one still did not actually eru...Read More

This year the post-global health crisis boom was brought to an end by a surge in inflation to forty-year highs, a major rise in global interest rates in an attempt to curb the rising prices and surging geopolitical risk after Russia's invasion of Ukraine. While precious metals held up reasonably well as markets turned to them as a risk hedge, by Q2/22 the higher interest rates put an end t...Read More

Chile is the world leader in copper production, at 28.5% of the total in 2020, and this looks set to continue, with the country having the largest global reserves, at 23.0% of total. It is also the global leader for molybdenum, which is often found along with copper, and is a major lithium player, holding 51.1% of global reserves. Read More

Newfoundland has become a gold exploration hotspot over the past few years, with the sector seeing some of its strongest activity ever. While the province remains a small contributor to Canadian gold production, it has a substantial mineral industry well supported by the government, focused on iron ore, copper and nickel, and the surge in exploration suggests that gold output from the...Read More

Nevada is the core of the U.S. gold output, accounting for by far the majority, at 75.4% on average for the past year. The state looks set to remain a dominant player in U.S. gold, as it accounts for 49% of total U.S. reserves, with Alaska slightly ahead with 51% of reserves, but just 8.6% of current production. The U.S. accounts for 6.1% of global gold output, making Nevada one of the largest gol...Read More

The Golden Triangle in northwestern British Columbia has historically been a major site of Canadian gold production, beginning as early as the mid 1800s. There was a wave of production in the 1990s which cooled as the gold price declined, but larger scale production resumed in 2017, and the area has seen surging exploration interest over the past year, given that the region has some of the largest...Read More

In this report we outline the Quebec gold mining industry, including its major producers, and a survey of many of the junior miners focused on the province. Quebec accounts for 34% of Canadian gold production (second to Ontario, with 44%) and remains a major focus for both producers and junior miners.Read More

Red Lake has been one of the most prolific gold mining districts in Canada and the world, with exploration having started in the 1920s, and production, which began in the 1930s, continuing to the present day. The district is known for the high grade of its gold, its infrastructure, and strong institutional support, given the long history of mining in the area.Read More

Main shareholder Silvercorp Metals, which has mines in China, has indicated it will participate in the offering to maintain its pro rata interest of 28.93% in New Pacific.The net proceeds will be used to advance exploration and development at the Silver Sand project in Potosi, Bolivia and for other potential project acquisitions.Recent drilling at Silver Sand, which Mining Journal visited earlier...Read More

The risk remains top-of-mind for nearly half (44%) of the 150 global mining executive companies polled. EY's report concludes a holistic approach to LTO remains vital, as the sector continues to redefine its image as a sustainable and responsible supplier of the world's minerals, amid rising volatility due to tighter regulations, global trade tensions, and increased pressure from activist investor...Read More

(IDEX Online) - As calls go out urging caution over diamonds from the Central African Republic (CAR), the country has announced a "full overhaul" of its alluvial diamond mining sector.A presidential decree signed on September 30 has established a process to allow existing buying houses to formalize their activities. Each buying house must export at least $3 million worth of goods per quarter....Read More

(IDEX Online) - De Beers today said it provisionally sold $295 million worth of rough diamonds at its eighth Sight of the year in September. This is compared to $482 million a year ago - a drop of 39 percent.  In Sight seven, the company sold $297 million worth of goods.  Accounting for slower sales, Bruce Cleaver, De Beers Group CEO said the company was approaching what is "tr...Read More

(IDEX Online) - Sales of fine jewelry and fine watches declined by 0.8 percent in the U.S. market in July compared to the same month a year ago, as seen in the graph below. Revised figures also show that the situation is less gloomy than previously thought with the declines since the beginning of the year less steep than previously thought (the Department of Commerce periodically revises its numbe...Read More

(IDEX Online) - The World Diamond Council has again cautioned members of the industry to be cautious when purchasing goods from the Central African Republic (CAR).The call comes following recent media reports about rough diamonds being associated with the ongoing conflict in the country. There is some legal trade from the country. The Kimberley Process has designated "green" compliant zones t...Read More

Diamond miner De Beers sold $295-million worth of diamonds during the eighth sales cycle of the year.This was higher than the $287-million worth of diamonds sold during the seventh sales cycle of this year, but well below the $482-million of diamonds sold in the eighth sales cycle of 2018.Advertisement"As we approach what is traditionally a quieter time of year for the diamond industry during...Read More

IronRidge derisks through diverse discoveries SPONSOREDironridge resources Drilling in 2019 totalled 5,400m in four diamond core holes. Two of the three which reached their target depth intersected long intervals of higher than current resource grade material and one hit the new porphyry centre.Drilling highlights included 194m grading 0.74 grams per tonne gold and 1.1g/t silver from surface and a...Read More

Dear Reader,I'm often asked, "How can I get rich in real estate?"Behind this question is a different question: "How can I get the money I need to invest in real estate?"More often than not, the people asking me these questions have had ingrained into them from an early age that saving was a means to getting rich and that if they wanted to invest, they needed to use their own money.Both are myths t...Read More

Gold grabs most of the mining headlines, especially since its recent comeback, but other precious metals such as silver and palladium are also performing well in today's market, giving miners new hope after a prolonged commodities slump.The silver price - seen as both a haven for investors and an industrial commodity - hit a three-year high above US$19 per oz. in early September, while palladium s...Read More

Greenstone Gold Mines, a 50-50 partnership between Premier Gold Mines (TSX: PGM) and Centerra Gold (TSX: CG), reports that its Hardrock gold deposit in northwestern Ontario has grown in grade and ounces from a previous estimate three years ago.The project, 275 km northeast of Thunder Bay in the Beardmore-Geraldton greenstone belt, has measured and indicated resources of 147.5 million tonnes gradin...Read More

Mining CEOs teamed up with young mining professionals in groups of four to raise money for university scholarships at the inaugural Young Mining Professionals golf tournament in Richmond Hill, Ontario. The golf tournament on Sept. 23 at the Summit Golf and Country Club raised $11,000 for the YMP Scholarship Fund, a registered charity that donates 100% of its receipts to students.Seven CEOs too...Read More

White Gold turns heads as exploration steps up a gearSPONSOREDwhite gold corpSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedPoster South Africa mine regeneration on trackSPONSOREDorion mineralsLean mining and the fourth industrial revolutionSPONSOREDdassault systemesSince the beginning of 2011, the median return on all surviving ASX-listed resources stocks has been a depressi...Read More

The collapse took place on October 1. Although no fatalities or equipment damage were reported, mining activities have been suspended and an assessment of the impact is underway. Mining is continuing at the company's Marvoe and Kinjor-South pits at New Liberty.The company's gold production and cost guidance was already under review and this event is likely to impact that process, although it does...Read More

Torex has sold 322,400oz at an average realised price of US$1,376/oz for the first nine months of 2019 helping the company to increase its cash balance by $52 million in the quarter and reduce its debt by more than $36 million."Safety performance matched the record setting production results. The team and asset are well positioned to continue delivering exemplary results in the future," said presi...Read More

"It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so."- Mark TwainYou guys remember 2008, right?Likely, you're still trying to forget it... so my deepest apologies for peeling off an old scab.It's hard to believe that over a decade ago, banks were collapsing, the White House was having situation room meetings, and the rest of us were watching our...Read More

Worries over ongoing trade war impacts rattled investors for the second day in a rowOngoing trade war worries after a big ISM manufacturing data miss sent the Dow to a 494-point loss today, with the index breaching its 50-day moving average in the process -- just as the S&P did to start the month on Tuesday. Ahead of the ISM non-manufacturing index due out Thursday and the marquee jobs report that...Read More

Zynex, meanwhile, is outperforming the broader stock marketThe U.S. stock market is spiraling for a second straight day, as fears over a potential global recession swirl. Three individual stocks making notable moves are diagnostic imaging specialist Lantheus Holdings Inc (NASDAQ:LNTH), media giant World Wrestling Entertainment, Inc. (NYSE:WWE), and medical device manufacturer Zynex Inc. (NASDAQ:ZY...Read More

The automaker said U.S. auto sales fell in the third quarterIt's a bloodbath on Wall Street today, and Ford Motor Company (NYSE:F) is not exempt from the selling. The automaker reported a 5% decline in U.S. auto sales for the third quarter, thanks to lower-than-expected figures for its Taurus and Mustang vehicles. F stock is down 4.1% to trade at $8.52 at last check, on track for its worst day s...Read More

Mexico's President Andres Manuel Lopez Obrador said on Monday that he has a...Read full newsRead More